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RE: Steemit Blockchain Team Update: AppBase, RocksDB, Bandwidth, HF20, SMTs, and more!

in #steem6 years ago

Steem blockchain is a protocol like Ethereum, Waves, EOS etc.

Steem has 1,8 million feeless transactions per day, as much or more than ALL other blockchains combined, using only 0,15% of total capacity.

Now, ethereum is transacting 800,000 transactions per day at 100% capacity - and is valued at $60 billion USD. It cant even handle a stupid cat game.

Steem is only at $800 million USD. If it is valued half that of Ethereum we are talking 90-100$ Steem. Do you see the price of Steem today? It is not falling like all other cryptos. It's up 3%. It is probably waiting to go off the roof once there is a more bullish sentiment in the market.

Steem has been overlooked and undervalued IMO.

I am more bullish on Steem now than ever.

Great to see all these projects being built and all the innovation on Steem. I'm very very happy to be investing long term in Steem!

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Very interesting statistics, thank you, I will use that information in future posts.